Syllabus for Economics B: Macroeconomics

Nationalekonomi B: Makroteori

Syllabus

  • 7.5 credits
  • Course code: 2NE671
  • Education cycle: First cycle
  • Main field(s) of study and in-depth level: Economics G1F

    Explanation of codes

    The code indicates the education cycle and in-depth level of the course in relation to other courses within the same main field of study according to the requirements for general degrees:

    First cycle

    • G1N: has only upper-secondary level entry requirements
    • G1F: has less than 60 credits in first-cycle course/s as entry requirements
    • G1E: contains specially designed degree project for Higher Education Diploma
    • G2F: has at least 60 credits in first-cycle course/s as entry requirements
    • G2E: has at least 60 credits in first-cycle course/s as entry requirements, contains degree project for Bachelor of Arts/Bachelor of Science
    • GXX: in-depth level of the course cannot be classified

    Second cycle

    • A1N: has only first-cycle course/s as entry requirements
    • A1F: has second-cycle course/s as entry requirements
    • A1E: contains degree project for Master of Arts/Master of Science (60 credits)
    • A2E: contains degree project for Master of Arts/Master of Science (120 credits)
    • AXX: in-depth level of the course cannot be classified

  • Grading system: Fail (U), Pass (G), Pass with distinction (VG)
  • Established: 2007-05-31
  • Established by:
  • Revised: 2019-05-14
  • Revised by: The Department Board
  • Applies from: Spring 2020
  • Entry requirements:

    At least 15 credits from Economics A.

  • Responsible department: Department of Economics

Learning outcomes

After completing the course, the student is expected to:

- be able to analyse central questions within macroeconomics using simple macroeconomic models

- have a good knowledge of macroeconomic theory for both long-term growth and short-term business cycle fluctuations

- understand how the economy is affected by international macroeconomic contexts

- understand how monetary and fiscal policy affect the economy

Content

The course deals with central macroeconomic theory for both long-term growth and short-term fluctuations, inflation and unemployment, exchange rates and international trade. As compared to previous levels, there is an in-depth analysis of consumption and investment theory, business cycles, the role of financial markets, wage formation and unemployment. The course also deals with the possibilities and limitations of economic policy, the importance of norms and institutional conditions, exchange rate systems, the position of the Riksbank and the role of fiscal policy in the short and long run.

Instruction

The instruction consists of lectures .

Assessment

The assessment consists of a written exam.

Syllabus Revisions

Reading list

Reading list

Applies from: Spring 2023

Some titles may be available electronically through the University library.

  • Gottfries, Nils Macroeconomics

    Basingstoke: Palgrave Macmillan, 2013

    Find in the library

    Mandatory

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